Aug 24, It was reported that spot prices of iron ore in China has fallen by another $ 2 /MT, cargo of 63.5 Fe was offered at $ 153/MT CNF China, which is low compared to few days trade.
Scrap prices in Turkey has also gone down by $ 5-8/MT on account of poor demand.
Reported by Richa Sharma (richa@steelmint.com)
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